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the defense of susan rice we saw is the worst defense of everybody since brutus is an honorable man was simply himself getting carried away, saying don't touch the little lady. saying i'll defend her. he sort of put himself out there as if this is a challenge to my authority. implying that he would have to nominate her. but cooler heads prevailed. not sure whose they were. but clearly had she been nominated the benghazi scandal would have been on the fron page. and i think with her not being nominated, benghazi scandal will die in the main stream media. they will have no interest in this story. that is why i think the president sought safety. he put himself out there. would have rather had her and feels he somehow yielded. the consolation will be he will make her national security advisor, a powerful position. it does not require the consent of the senate. henry kissinger in the first term for nixon they did all this amazing stuff he was the national security advisor and then he became the secretary of state. so it could be even in theory and history a more powerful position than secret
the defense of susan rice we saw is the worst defense of everybody since brutus is an honorable man was simply himself getting carried away, saying don't touch the little lady. saying i'll defend her. he sort of put himself out there as if this is a challenge to my authority. implying that he would have to nominate her. but cooler heads prevailed. not sure whose they were. but clearly had she been nominated the benghazi scandal would have been on the fron page. and i think with her not being...
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lots of areas where the market could run into glitches and i think it's a great time to play defense. >> can i correctly assume that the power gauge on apple is negative, in the near term, if you are mentioning that as one factor of being bearish in 2013? >> power gauge is neutral. it's bearish on a lot of other stocks. the stock is down significantly and that's no longer driving the positive market psychology. a big drain. >> let's talk about a particular sector, because it seems like the power gauges are telling you that luxury is a sell going into next year. >> luxury and high end retail. you've got an interesting unknown dichotomy. retail stocks tend to underperform between thanksgiving and christmas, courtesy of the spoke investment group. great study they did. number two, consumer sentiment, very negative. particularly at the high end where the uncertainty over the tax rates next year is greatest. and i think this is a great area to raise cash. >> on luxury, the big thing for me is china's not 25% of the global luxury goods market and the u.s. is 20%. china is growing as a luxur
lots of areas where the market could run into glitches and i think it's a great time to play defense. >> can i correctly assume that the power gauge on apple is negative, in the near term, if you are mentioning that as one factor of being bearish in 2013? >> power gauge is neutral. it's bearish on a lot of other stocks. the stock is down significantly and that's no longer driving the positive market psychology. a big drain. >> let's talk about a particular sector, because it...
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war savings is not a defense country. spending an enormous amount of money on defense, the largest chunk of our budget. if we continue down this road of pretending, democrats and republican does it pretend we are not going to reduce the defense budget, i don't know how we are going to achieve this miraculous spending restraint and balance we need. >> chris, thank you vet. shira, a great pleasure having you on, my first time with you on news nation. a pleasure to see you, michael. see you tomorrow. >> thank you. >>> digging deep near our new nbc news poll, we will tell you the top three words americans used to describe republicans and not one of them is grand, old or party. >>> plus, secretary of state hillary clinton is expected on capitol hill in exactly one week to testify about a report on benghazi and what went wrong there. it comes as her approval rating hits an all-time high but will she make another run for the white house? >> i really don't believe that that's something i will do again. what i want to do is just k
war savings is not a defense country. spending an enormous amount of money on defense, the largest chunk of our budget. if we continue down this road of pretending, democrats and republican does it pretend we are not going to reduce the defense budget, i don't know how we are going to achieve this miraculous spending restraint and balance we need. >> chris, thank you vet. shira, a great pleasure having you on, my first time with you on news nation. a pleasure to see you, michael. see you...
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here's defense secretary leon panetta. >> the fact that they've launched this missile is clear provocation. we've warned them not to do it. one of the reasons we're real balancing the pacific is to deal with the threat from north korea. and we will. we're prepared to do that. we'll respond if we have to. >> breaking news out of afghanistan where leon panetta had been visiting. a car bomb went off just hours after he left. officials say the secretary was never in danger. >> jerry brown is fighting cancer. it's the second time since returning to office and the third time since 2008. his office said the 74-year-old is undergoing radio therapy for early stage prostate cancer but said he won't miss work. he was treated for skin cancer in 2008 and 2011. >> last night's 121212 concert raised $30 million for victims of hurricane sandy. it included springsteen and bon jovi, alycia keys, the rolling stones, the who and paul mccartney. here's a little taste of another legend, billy joel. ♪ got washed away, jamaica bay and sent manhattan out to sea ♪ ♪ ♪ >> some of us couldn't go to the show s
here's defense secretary leon panetta. >> the fact that they've launched this missile is clear provocation. we've warned them not to do it. one of the reasons we're real balancing the pacific is to deal with the threat from north korea. and we will. we're prepared to do that. we'll respond if we have to. >> breaking news out of afghanistan where leon panetta had been visiting. a car bomb went off just hours after he left. officials say the secretary was never in danger. >>...
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back in the '60s the defense department said if you can deliver a silicon that will do "x" we'll buy it, we don't care whether you're ibm or a bunch of engineers down in houston, texas, working for texas instruments. today the government would say you give us a battery with this kind of energy density or solar cell with this degree of efficiency, and we'll buy it, whether it comes from general electric or three guys in the garage and we'll pull you down the learning curve. we'll pull you down. >> obviously -- >> the united states is still the creator innovations, all of the innovations have come from here the last 20 years? >> i think the united states remains a continuing leader at the frontier of innovation, but there are others that are catching up. >> the book is called "doing capitalism in the innovation economy." bill, nice to have you. we'd love to have you back. anybody who likes to throw it down with our friend will cain. >> i look forward to it. >> it's done and done. you heard him say yes. we have to take a break. still ahead this morning, we'll be talking about north kore
back in the '60s the defense department said if you can deliver a silicon that will do "x" we'll buy it, we don't care whether you're ibm or a bunch of engineers down in houston, texas, working for texas instruments. today the government would say you give us a battery with this kind of energy density or solar cell with this degree of efficiency, and we'll buy it, whether it comes from general electric or three guys in the garage and we'll pull you down the learning curve. we'll pull...
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. >> defense. >> defense. all of these things. >> which accounts for about a trillion dollars of the budget every year. we've got less than that. >> of course, the long-term struggle is with entitlements. i think that's one of the greatest differences where we cut with republicans. i know we have to cut from entitlements because that's what bankrupts us. i know we have to cut from defense. but i'm concerned about r&d. i'm concerned about transportation. i'm concerned about education. i'm concerned about cutting in all of these areas that make china -- give china a bigger advantage as we move forward that give our global competitors a bigger advantage. that's what really concerns me. >> two quick observations. if you're in business and you're told we've got to make changes at our budget and you look at 6%, 15% of your budget, 9% of your budget, you've got to make cuts, you look at the 60% first and say where can we make manufacture she's cuts. talk about not endangering our ability to compete and win going forw
. >> defense. >> defense. all of these things. >> which accounts for about a trillion dollars of the budget every year. we've got less than that. >> of course, the long-term struggle is with entitlements. i think that's one of the greatest differences where we cut with republicans. i know we have to cut from entitlements because that's what bankrupts us. i know we have to cut from defense. but i'm concerned about r&d. i'm concerned about transportation. i'm concerned...
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nice through the defense. he always makes the underhand lay-up shots. the celtics up three. this time, no come back from the mavs. boston goes on to win 117-115. celtics improve to 12-9 on the season. this one is good. the jazz at home facing the spurs. clock running down. mo williams. he throws it up. deep. good. the jazz pull off the upset. last second three pointer and win 99-96. williams had missed all three of his prior threes in the game. but he comes through with a game winn winner. coming up, a tense phone call between the president and speaker boehner has washington insiders doubting an end to the fiduciary fiasco. when we come back here, we'll huddle around the water cooler. music industry's biggest stars come together for a hurricane sandy benefit concert including a special tribute by a can't miss classic adam sandler. all of the night's best moments straight ahead. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we pu
nice through the defense. he always makes the underhand lay-up shots. the celtics up three. this time, no come back from the mavs. boston goes on to win 117-115. celtics improve to 12-9 on the season. this one is good. the jazz at home facing the spurs. clock running down. mo williams. he throws it up. deep. good. the jazz pull off the upset. last second three pointer and win 99-96. williams had missed all three of his prior threes in the game. but he comes through with a game winn winner....
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that's significant because, remember, just last week, nato approved patriot missile -- anti-missile defenses that will be installed in turkey. and that, the united states will be doing, so will germany an the dutch. finally, another point to this, as we were talking with experts, you can put chemical weapons on scuds. that apparently has not been done but that was a concern. remember, just a week or two ago about the chemical weapons. so far it's conventional, but that's another worrisome thing. >> all right, jill dougherty, thank. >>> we have new numbers out from the u.s. census bureau. the agency predicts by 2043 white people will no longer make up the majority of americans. the u.s. population currently stands at 315 million people. it's expected to cross the 400 million threshold in 2051. officials say about 2060, the u.s. population will be considerably older and much more racially and ethically diverse. >> i was about to ask you how you feel about that. >> i'm fine with it. >> crazy question. >> i'm fine with it. >>> we've been talking about how the world has been changing and the brow
that's significant because, remember, just last week, nato approved patriot missile -- anti-missile defenses that will be installed in turkey. and that, the united states will be doing, so will germany an the dutch. finally, another point to this, as we were talking with experts, you can put chemical weapons on scuds. that apparently has not been done but that was a concern. remember, just a week or two ago about the chemical weapons. so far it's conventional, but that's another worrisome...
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that's why secretary of defense panetta and the president of the united states warned assad publicly about using wmd or chemical weapons against his own people. but let's remember he has more or less given control over a lot of his wmd stock piles, of which it is a huge amount to potentially hezbollah or irani revolutionary guards who are forces for the desperate forces that fight for the survival of the regime. >> let's assume you're right and he's transferring these weapons and missiles. what can we do about these? >> on two things we can do. incinerate the stock piles from the air before they're tliefl loaded on scud missiles or it's going to take a significant ground invasion of about 50,000 troops from wherever they're going to come from, i don't know, to basically secure these stock piles because syria, larry, has the largest stockpile of chemical weapons in the entire middle east outside of iran. >> that statement, 50,000 troops to secure it. who and where is that going to come from? >> well, that's the question of what do as the president mean when he said that syria better n
that's why secretary of defense panetta and the president of the united states warned assad publicly about using wmd or chemical weapons against his own people. but let's remember he has more or less given control over a lot of his wmd stock piles, of which it is a huge amount to potentially hezbollah or irani revolutionary guards who are forces for the desperate forces that fight for the survival of the regime. >> let's assume you're right and he's transferring these weapons and...
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joining me defense attorney brian claypool. thanks for joiiing us. is this legal? >> sure, thanks for having me, melissa. news flash. i was ready to take the bus over here to the studio this afternoon and i canceled that plan after i heard about the topic we had today. i didn't want anybody to find out what my little girl might get for christmas. in terms whether this is legal or not the big issue, do you have a reasonable expectation of privacy when you leave your home? in other words, you get on a bus or get on a subway, you start chitchatting. melissa: do you? starting to feel like we don't any longer. >> in many respects we don't, given the climate we live in, given how volatile with terrorism, the situation in syria and taliban and al qaeda we have ask ourselves, what price do we want to pay to keep our safety? personally i don't think it is that big of an infringement on our privacy rights if we're taping these conversations. melissa: really? >> if it is to prevent terrorist attack. melissa: do you think it will prevent a terrorist attack if we have listening
joining me defense attorney brian claypool. thanks for joiiing us. is this legal? >> sure, thanks for having me, melissa. news flash. i was ready to take the bus over here to the studio this afternoon and i canceled that plan after i heard about the topic we had today. i didn't want anybody to find out what my little girl might get for christmas. in terms whether this is legal or not the big issue, do you have a reasonable expectation of privacy when you leave your home? in other words,...
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jenna: how would you approach defense spending? is that an area we should take a look at. >> sure, people need to realize there's always been $500 billion in defense cut. we are still flying 50-year-old aircrafts in many parts. we have grandchildren that are flying the same tail number that their grandfather flew in the air force. there is a need to reinvest back into military spending but is there an area of waste, you'll not find anyone in the defense industry to say there is no waste in defense there is. jenna: this interpretation from the article was suggesting that new politicians like yourself are free from "deol geez of the cold war. you're free from ideologies that are based in the reagan era, that you're a new group of politicians that don't have those strings, is that the case? >> no, what is interesting. i'm 44 years old i grew up out of high school in the reaganer a. that is actually my impression of conservatism and dealing with tax west a strong defense, dealing with family oriented fiscal and social policies. this is
jenna: how would you approach defense spending? is that an area we should take a look at. >> sure, people need to realize there's always been $500 billion in defense cut. we are still flying 50-year-old aircrafts in many parts. we have grandchildren that are flying the same tail number that their grandfather flew in the air force. there is a need to reinvest back into military spending but is there an area of waste, you'll not find anyone in the defense industry to say there is no waste...
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also, some of the defense money needs to be cut at this point. we need to look and see how much is cut. certainly, all of us is worried about a percent across the board. some cuts have to be made. revenues need to be increased. if at a higher rate on the wealthy, but not as much as that used to be under the clinton years, we have to see how much that brings. if that means getting rid of some deductions, we have to see what those are and how much revenue is on the table. dagen: representative, thank you. >> i get to go home every weekend and i love being called. orange county is a great place. i have to tell you, people.com know how serious this is. i am willing to stay here to get the job done. dagen: representative, thank you. take care. connell: we will go back out to michigan and this union firestorm we have been covering out there. dagen: ticket vendor stubhub has a new deal. thumbs up with major league baseball. the problems. big names like the yankees opting out. that is 40% of stubhub baseball business. oil is up. ♪ ♪ connell: here it
also, some of the defense money needs to be cut at this point. we need to look and see how much is cut. certainly, all of us is worried about a percent across the board. some cuts have to be made. revenues need to be increased. if at a higher rate on the wealthy, but not as much as that used to be under the clinton years, we have to see how much that brings. if that means getting rid of some deductions, we have to see what those are and how much revenue is on the table. dagen: representative,...
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we're not in whoever's going to be secretary of state or secretary of defense. and he's got to set the table in a way that not only works but communicates to the world there is a coherent leadership here that can get things done and how it exactly gets done i don't think makes that much difference. it's just got to be done. and if we run off the cliff, i mean i hate this term but the repercussions -- >>> primatene mist used to be america's top asthma medicine. now 1 million are gathering dust in a california warehouse. we'll tell you why and how that could change on capitol hill. you're watching "cbs this morning." we'll be right back. >> announcer: this portion of "cbs this morning" sponsored by keep medicare and social security strong for generations to come. and social security strong for generations to come. but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. l
we're not in whoever's going to be secretary of state or secretary of defense. and he's got to set the table in a way that not only works but communicates to the world there is a coherent leadership here that can get things done and how it exactly gets done i don't think makes that much difference. it's just got to be done. and if we run off the cliff, i mean i hate this term but the repercussions -- >>> primatene mist used to be america's top asthma medicine. now 1 million are...
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we know that we are facing a lot of defense cuts, especially if we go off of this fiscal cliff. is this the kind of thing that you are glad to see money going into? >> absolutely. the launch vehicle is called an expendable launch vehicle and it was specifically developed to be a low a lower cost. the idea of getting something up into space is usually a very strong proposition and very, very expensive much. so programs like this look to reduce that cost and also make us more agile in space. martha: we saw this north korea launch that happened. a lot of people thought it wouldn't take place until the end of december, that's what they said and that it might not succeed, which it appears it did. would he this kind of technology give us a better sense of what is going on 0 on the ground in places like that? >> as you know we have many overhead platforms that do various series of missions and this would add to our capability going forward. martha: general, thank you. pleasure to have you with us today. >> thank you. bill: one took off from california a few years ago and flew around fo
we know that we are facing a lot of defense cuts, especially if we go off of this fiscal cliff. is this the kind of thing that you are glad to see money going into? >> absolutely. the launch vehicle is called an expendable launch vehicle and it was specifically developed to be a low a lower cost. the idea of getting something up into space is usually a very strong proposition and very, very expensive much. so programs like this look to reduce that cost and also make us more agile in...
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doesn't have a missile defense system that could really deal with this, the defense secretary says is he extremely confident in his words "i'm very confident they would be able to block any sort of a missile coming from north korea directed at the west coast of the united states" and additionally, soledad, i thought this was fascinating i asked him how we thought this had been failing recently and how they suddenly fixed this and were able to be successful so quickly. he said i'm not sure it was a success. when you talk about that satellite, he said at this point the united states has not been able to determine if the final stage of the launch was successful or whether that could have tumbled into space so i think that's important, too, as we heard this was a "success" that at least from the department of defense according to radar they're not able to ascertain if that is the case. >> the country is announcing it just two hours after the launch it was a huge success, that they were successful because they had not mentioned it ahead of time, like they did eight months ago, the failed l
doesn't have a missile defense system that could really deal with this, the defense secretary says is he extremely confident in his words "i'm very confident they would be able to block any sort of a missile coming from north korea directed at the west coast of the united states" and additionally, soledad, i thought this was fascinating i asked him how we thought this had been failing recently and how they suddenly fixed this and were able to be successful so quickly. he said i'm not...
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now defense cuts. more and more republicans are saying that they're willing to talk about it. >> good. >> saying it junt cuts their credibility on other spending issues. >> good. >> it's the pentagon. >> there is so much waste in the pentagon. it's one of the few bureaucracies you can't audit. it is impossible. whether you're talking to peter peterson, dave walker, they tell you, you can't audit the pentagon. it is impossible. >> and yet there are some republicans you say who are willing to go out on a ledge and say it's time to look at this. and what are the costs of doing that politically? >> well, they are, and part of it is the changing times. it's not the cold war anymore. it's these younger members who are coming up. also to be consistent, you have members saying why are we opposing the sequester? why are we panicked that these spending cuts might take place? this is what we want. so that's another fight that's in the conference. are they going to be totally consistent on spending, or are they go
now defense cuts. more and more republicans are saying that they're willing to talk about it. >> good. >> saying it junt cuts their credibility on other spending issues. >> good. >> it's the pentagon. >> there is so much waste in the pentagon. it's one of the few bureaucracies you can't audit. it is impossible. whether you're talking to peter peterson, dave walker, they tell you, you can't audit the pentagon. it is impossible. >> and yet there are some...
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his lawyer says he isn't pursuing an insanity defense. fernandez will maintain he didn't kill the 6-year-old and argue he made a false confession because of his mental problems. there is a lot of problems with this case actually. this will be interesting to see how it turns out. brian? >> brian: they're in the country illegally burks they could soon get a scholarship to go to college. berkeley offering it hundred scholarships to those not eligible for loans. all they have do is bring video of them and they'll get in free. the school says it's trying to spread the program across the country. >> we're really looking forward to working with other universities outside of california to help them build successful and sustainable programs that are going to work with these populations. >> brian: a private foundation donated $1 million to fund the scholarships. sorry, citizens, you're out of luck. >> steve: we've got severe weather. how he survived a tornado and then this happened. watch this. >> oh, my god. oh, my god. oh, my god. >> steve: the g
his lawyer says he isn't pursuing an insanity defense. fernandez will maintain he didn't kill the 6-year-old and argue he made a false confession because of his mental problems. there is a lot of problems with this case actually. this will be interesting to see how it turns out. brian? >> brian: they're in the country illegally burks they could soon get a scholarship to go to college. berkeley offering it hundred scholarships to those not eligible for loans. all they have do is bring...
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and the defense department acknowledged the missile launch, the statement goes on to say north american aerospace command officials tracked the launch at 7:49 p.m. eastern time. initial indications are the first stage fell to the yellow sea. the second stage was assessed to fall in to the philippines sea. initial indications are that the missile deployed an object that appeared to achieve orbit. again, appeared to achieve orbit. at no time was the missile or the debris 'threat to north america. i want to go to my colleague barbara starr, our pentagon correspondent who is live on the phone. clearly this has to set off the alarm bells within the pentagon staff. >> reporter: oh, i think there is no way around it. this is huge news. that one little sentence you just read, initial indications are the missile deployed an object that appeared to achieve orbit, the north koreans had been trying for years to put a satellite in to space by all indications what they have achieved now with this orbit is doing something very close to that, if not that itself. an object that appeared to achieve orbit
and the defense department acknowledged the missile launch, the statement goes on to say north american aerospace command officials tracked the launch at 7:49 p.m. eastern time. initial indications are the first stage fell to the yellow sea. the second stage was assessed to fall in to the philippines sea. initial indications are that the missile deployed an object that appeared to achieve orbit. again, appeared to achieve orbit. at no time was the missile or the debris 'threat to north america....
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but the neurospace defense command says at no time was it a threat to north america. now back to "on the record" with greta van susteren. senator rant democrats dig their own grave. he says let democrats raise taxes on everybody. senator paul telling republican colleagues senator to vote present on a deal allowing democrats to push through their tax hikes. why would rand paul want to take that tactic? the senator joins us. good evening, sir. >> good evening, greta. >> explain to me why you think that's a good tactic. >> i think what we should do first of all is put forward what we are for. if they are in the house the house leadership should put something forward that extends the bush tax cuts forever and has significance spending cuts, and i think they passed that. the democrats won't accept that and were unwilling to stay by our position, then i had say let them pass a tax increase on the upper increase folks but let it do it with their votes, not our votes. republicans vote present, democrats pass the tack increase with only democrat votes and then the democrats ar
but the neurospace defense command says at no time was it a threat to north america. now back to "on the record" with greta van susteren. senator rant democrats dig their own grave. he says let democrats raise taxes on everybody. senator paul telling republican colleagues senator to vote present on a deal allowing democrats to push through their tax hikes. why would rand paul want to take that tactic? the senator joins us. good evening, sir. >> good evening, greta. >>...
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praktality and the biggest driver of the debt is not the regular spending of our government, things like defense, homeland security, education, it's so-called entitlements. you've got to kurt althe increase in spending on things like medicare that's putting us in the hole. >> what you don't want to do you don't want the make it punitive for people to make charitable donations. to me that's another lose argument for the republican. you got to be very careful where you encourage the cutting of entitlements. >> yeah. one thing i don't think i should ask a democrat to do is turn medicare into a voucher program. you know, the paul ryan budget had a premium support system, which i think makes sense, but a lot of people on the left are not going to go there, but i think we could adjust the age of eligibility for medicare from 65 to 67 over the next 30 years. cue ask all three of us to pay the full cost of part b premiums. >> prescription drugs. >> the prescription drug benefit. make us pay the full costs. we can afford it. but here's what i would say, how this movie ends -- and that's your question. >>
praktality and the biggest driver of the debt is not the regular spending of our government, things like defense, homeland security, education, it's so-called entitlements. you've got to kurt althe increase in spending on things like medicare that's putting us in the hole. >> what you don't want to do you don't want the make it punitive for people to make charitable donations. to me that's another lose argument for the republican. you got to be very careful where you encourage the cutting...
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. >> is this the time to send secretary defense. >> if we are recognizing the opposition there, some reports say that it is full of al qaeda as and iraq and al kid is in syria. it is good that the at min tration is finally doing something. we have beeen sitting on their hands. >> the u.s. is sending 20 more f-16. he is at war with reformers and there are rights there. we no no idea what this consti tooth constitution. why are we doing this? >> i'm as confused. i kint of say how is that working for you? nothing to do with syria, yemen ebipt and this is a mess and so is our policy. >> you are right. but we want to be careful by not ailnating the military. >> do we know, ebipt was a secularist. now, the question here is, is it going to become a sharia. is the brotherhood going to get this power. >> that is the biggest concern. we'll see how that goes on sunday. it would be a shame if egypt was less throw. >> why don't we hold this aid back until talks can lay out and send the state department thing over. the secularists and reformers on the straight don't want to do anything. the f-16s
. >> is this the time to send secretary defense. >> if we are recognizing the opposition there, some reports say that it is full of al qaeda as and iraq and al kid is in syria. it is good that the at min tration is finally doing something. we have beeen sitting on their hands. >> the u.s. is sending 20 more f-16. he is at war with reformers and there are rights there. we no no idea what this consti tooth constitution. why are we doing this? >> i'm as confused. i kint of...
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and why doesn't the president offer spending cuts to medicare and defense and social security? how about weapons programs that don't fit in the terrorism world. how about foreign aid and maybe trying to be helpful, i'm sure some of today's rallies are based on the believe that say some of today's rally is better than tomorrow. but what, he is the fed chief. the levels of purchase have gotten insane. but bad for those who have been buying stocks. they are confident that they will keep rates low. it will run up into the fed statement and you might as well wait for the market to come in. we will be back on cliff watch. it is that i have a bunch of politicians to agree that there should be no vacation. or they are getting our critical message on this issue. maybe everybody i spoke to is ready to rise above these labels. time to avoid the cliff. that is a prescription for the wealth creation that is dependant upon washington's policy. here is my bottom line. and then we bounce back. when republicans can stick by the pledge. so we have to ask yourself can you handle the intrusion fro
and why doesn't the president offer spending cuts to medicare and defense and social security? how about weapons programs that don't fit in the terrorism world. how about foreign aid and maybe trying to be helpful, i'm sure some of today's rallies are based on the believe that say some of today's rally is better than tomorrow. but what, he is the fed chief. the levels of purchase have gotten insane. but bad for those who have been buying stocks. they are confident that they will keep rates low....
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record high in the defense index. the philadelphia defense index, a lot of the components, ged, lockheed martin, names we have been talking about, as stocks to buy if there is a deal reached. brian, i think you are actually, that was one of your -- >> we talked about lockheed last night. certainly they are getting this boost because people are buying into the hope that there's going to be some kind of deal done. we had a big selloff since september. so, we have a lot of the fiscal cliff priced in, or at least the worst case scenario. so, now you get a little bit of short cover here. i wouldn't be plowing into these stocks right now, particularly after today's news. just seems -- i think there's better places to go and tim hit on it. look to europe, look to asia. that's where the growth is. there's better places than here in the u.s. >> we should note the mission critical coverage continues today on cnbc. larrdlow next on location with a special show from there at 7:00 p.m. eastern time. you see there his guests, jon k
record high in the defense index. the philadelphia defense index, a lot of the components, ged, lockheed martin, names we have been talking about, as stocks to buy if there is a deal reached. brian, i think you are actually, that was one of your -- >> we talked about lockheed last night. certainly they are getting this boost because people are buying into the hope that there's going to be some kind of deal done. we had a big selloff since september. so, we have a lot of the fiscal cliff...
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half of the cuts, about $55 billion, comes from the defense budget. the other 55 billion come from nondefense programs, like health care, education, housing assistance. our chief political analyst gloria borger has been looking at all of these numbers. the dire consequences of going over the cliff, is it enough to force a deal? >> no. and that's what is sort of striking about it. when you talk to some liberal democrat, they actually say, you know what, maybe it's better to go off the cliff because you get the defense spending cuts that dana was talking about and the tax cuts for the wealthy expire. you can always restore the tax cuts for the middle class. she talked to some republicans, they say a bad deal is not what we want. they don't want any deal. and then, of course, you talk to the american public as we keep doing here. and the american public, take a look at this, they believe that if there is no deal, it would have a negative impact on their financial situation. i think the real problem here, wolf, is that every politician understands that th
half of the cuts, about $55 billion, comes from the defense budget. the other 55 billion come from nondefense programs, like health care, education, housing assistance. our chief political analyst gloria borger has been looking at all of these numbers. the dire consequences of going over the cliff, is it enough to force a deal? >> no. and that's what is sort of striking about it. when you talk to some liberal democrat, they actually say, you know what, maybe it's better to go off the...
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in fact, in my district i have a major base and defense contractors are there. they are already telling me they are laying off. >> how many cuts are you expecting? >> we don't know in total but we know there will be because they are telling us. >> i think you have to be willing to commit political harry kerry because you have to say no. >> our day in washington isn't done, just beginning. top of the next hour maria and i will be joined by senator johnny isakson. back to you guys. >> maria, brian, thank you very much. will a fiscal cliff deal be done in time? why don't you register your opinion. finance.cnbc. cast your vote. results will come up later on "power lunch." sue. >> we have a triple digit rally on the floor of the new york stock exchange with the dow jones industrial just off the highs of the trading session. we're up 109 points on the dow despite the gridlock in washington. nasdaq is up 41 points and s&p 500 is up 13 points. all three of those averages moving back above their 50-day moving average. first time we've seen that since october. trader from
in fact, in my district i have a major base and defense contractors are there. they are already telling me they are laying off. >> how many cuts are you expecting? >> we don't know in total but we know there will be because they are telling us. >> i think you have to be willing to commit political harry kerry because you have to say no. >> our day in washington isn't done, just beginning. top of the next hour maria and i will be joined by senator johnny isakson. back to...
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alisyn: the president of the national right-to-work legal defense foundation. thanks for coming in with your perspective on all that. >> my pleasure, alisyn. alisyn: for more perspective on the state of michigan. the unemployment rate in the great lakes state is 9.1%. that is higher than the national rate and 6th highest in the country. the foreclosure rate in michigan is 1 in 607 housing units making it the 10th worst in the u.s. the state is $124 billion in debt. >>> let's turn now to the bloody civil war in syria and there's new word from the defense secretary leon panetta that the assad regime appears to be slowing its preparations for the possible use of chemical weapons against rebel forces. all this as an activist group inside syria claims they are in full control of a massive military base not far from the country's largest city. national security correspondent jennifer giffin is following it from the pentagon. hi, jennifer. >> reporter: hi, alisyn. the pentagon never officially acknowledged the intelligence reports that the components for sarin nerve g
alisyn: the president of the national right-to-work legal defense foundation. thanks for coming in with your perspective on all that. >> my pleasure, alisyn. alisyn: for more perspective on the state of michigan. the unemployment rate in the great lakes state is 9.1%. that is higher than the national rate and 6th highest in the country. the foreclosure rate in michigan is 1 in 607 housing units making it the 10th worst in the u.s. the state is $124 billion in debt. >>> let's turn...
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you know possibly where his legal defense is going, so it is an interesting issue. i have bounced this off of a number of lawyers. the wayne state university professor said listen, drug cartels do this often. it is classic. it always does despite the fact it is routine in some respects, we don't know what it says, but it is routine but it raises suspicions all the time. this is somewhat controversial. another wrinkle in the case, a lot of people say staring at 20 years, shows no signs of wanting to cooperate. i talked to a lot of people, they say yes. melissa: charlie, thank you. a battle for control as opec meets. who will be the new leader of the oil cartel? saudi arabia or arch rival iran fighting for the top spot. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any q
you know possibly where his legal defense is going, so it is an interesting issue. i have bounced this off of a number of lawyers. the wayne state university professor said listen, drug cartels do this often. it is classic. it always does despite the fact it is routine in some respects, we don't know what it says, but it is routine but it raises suspicions all the time. this is somewhat controversial. another wrinkle in the case, a lot of people say staring at 20 years, shows no signs of...
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long fight, and we'll see who comes out in the end, but it's bad news for the unions to have to be on defense this way when they're already having so many other challenges. >> we should bring up the dynamics in michigan that are different. snyder had said all along he was not going to do this, and then to do -- you know, and whereas in wisconsin people thought, well, maybe recalling. they were more sort of divided about whether or not the recall was the right answer to what had happened. i think that's going to be a much easier message to push in michigan, and then you have two things. labor is fully ready to be there as long as they need to be there. they've got their same apparatus and ground game that they had from the elections still in place, so i don't think they're going anywhere, and they'll be looking at measures or ways that they can bring a citizens sort of protest to this and see if they can find a way to repeal it. >> getting past the unions, which was key in wisconsin, they lost in wisconsin wishes but when you get your neighbors out, you get the people who like the nurses and t
long fight, and we'll see who comes out in the end, but it's bad news for the unions to have to be on defense this way when they're already having so many other challenges. >> we should bring up the dynamics in michigan that are different. snyder had said all along he was not going to do this, and then to do -- you know, and whereas in wisconsin people thought, well, maybe recalling. they were more sort of divided about whether or not the recall was the right answer to what had happened....
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might want to play some defense. brady putting on a clinic. new england up 13-0. third drive of the game for new england. brady recognized no one's covering hernandez. quick out. touchdown. see it again here. hernandez yelling, brady, i'm hope, give it to me. i'll get in. patriots up 21-0. fourth quarter we go. patriots up 28-7. brady, to danny woodhead. check out j.j. watts. phenomenal player. tracks him down, punches it out. then, it's lloyd, johnny on the spot. falls on it for the touchdown. brady, four touchdowns in the game. patriots win 42-14. improving to 10-3. they've now won seven in a row. >>> that's your "sportscenter" update. i'm hakem dermish. have a great day. >>> if those were the highlights, let's call this the low-lights. it comes to us from sunday's appalachian state men's basketball game against western carolina. >> you have to feel sorry for app state's brian okam. this is being called the worst free throw ever taken. straight up in the air. nowhere remotely close to the rim. >> brian has been successful on two of his five foul shots this seaso
might want to play some defense. brady putting on a clinic. new england up 13-0. third drive of the game for new england. brady recognized no one's covering hernandez. quick out. touchdown. see it again here. hernandez yelling, brady, i'm hope, give it to me. i'll get in. patriots up 21-0. fourth quarter we go. patriots up 28-7. brady, to danny woodhead. check out j.j. watts. phenomenal player. tracks him down, punches it out. then, it's lloyd, johnny on the spot. falls on it for the touchdown....
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and its allies are using defense contractors to train syrian rebels on how to secure chemical weapons stockpiles. our sources say the training is taking place in jordan and it,ky. they tell us the syrian rebels are being trained on how to monitor and secure stockpiles but also on handling the weapons sites and weapons materials. >> how dicy is it to train syrian rebels on actually handling the materials? >> on the one hand, these may be individuals who are going to be the first ones into some of these sites. they have to know what safety precautions to take, otherwise they're not going to want to go in and they have to know what to look for. >> reporter: leonard specter is a chemical weapons expert. he says they are confident the syrians have cerron and mustard gas, a blistering agent. they may also have cyanide and vx. if these materials are mishandled -- >> probably what would happen is that individuals nearby would be terribly affected. perhaps killed or certainly injured in some serious fashion. but there might not be too much by way of more distant consequences because these woul
and its allies are using defense contractors to train syrian rebels on how to secure chemical weapons stockpiles. our sources say the training is taking place in jordan and it,ky. they tell us the syrian rebels are being trained on how to monitor and secure stockpiles but also on handling the weapons sites and weapons materials. >> how dicy is it to train syrian rebels on actually handling the materials? >> on the one hand, these may be individuals who are going to be the first ones...
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it's not only defense, but as i see so eloquently stated, it is to defend ourselves ultimately against a tyrannical government if that happens. the difference between liberty and tyranny is if you have a government that is afraid of its people, you have liberty, if you have a people afraid of their government, it's tyranny. >> do you believe that, that you're going to rise up against a tyrannical presidency in your country? >> i would be the first one out there leading the country. we have three boxes in the country, the ballot box, the soap box, and then the bullet box if it's necessary. the government needs to be afraid of its people. then it will serve the people of this great republic. >> james, what is your view of that? >> well, i guess i approach this on two levels. on the merits of what the second amendment is and is not for, i would have a different view of its historical purpose. the framing of the second amendment talks about a well regulated militia. we would disagree there. as a matter of political reality, however, i have come to believe after living around a lot of the w
it's not only defense, but as i see so eloquently stated, it is to defend ourselves ultimately against a tyrannical government if that happens. the difference between liberty and tyranny is if you have a government that is afraid of its people, you have liberty, if you have a people afraid of their government, it's tyranny. >> do you believe that, that you're going to rise up against a tyrannical presidency in your country? >> i would be the first one out there leading the country....
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one was the home school legal defense association. the hslda, the powerful lobby group around the country whose leader you're about to meet. they have some very strong things to say about the treaty, but the notion was basically this, if it were to pass, they said, the u.n. treaty would somehow let the u.n. mandate how parents of disabled kids in america cared for their children. americans among the center is echoing that center is mike lee of utah. keeping them hahnsh, though, when i asked him to specify how this u.n. influence might manifest itself, here's the answer he gave. >> can you name any other u.n. treaty that has forced changes in u.s. law? >> i didn't come prepared to cite supreme court precedence on this point but it's a well -- >> what you're saying is hypothetical. you're using a bunch of hypot t hypotheticals saying this is going to force abortion rights for people overseas. i mean, some groups are saying children with glasses are going be taken from their parents. you're using all these very scary hypotheticals. you c
one was the home school legal defense association. the hslda, the powerful lobby group around the country whose leader you're about to meet. they have some very strong things to say about the treaty, but the notion was basically this, if it were to pass, they said, the u.n. treaty would somehow let the u.n. mandate how parents of disabled kids in america cared for their children. americans among the center is echoing that center is mike lee of utah. keeping them hahnsh, though, when i asked him...
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party has stood for over the years, bill, one of them is low tax rates, and the other one is strong defense. so who has the most to lose if the fiscal cliff is breached? i think the answer is self evident. i'm not saying it's a good outcome but the polling all shows that the public would blame the republicans for the outcome, so they end up not stopping an outcome which is most negative for them, and they get the blame for it. >> bill: wonder why that is. wonder why that is. why do you think -- look. it's fairly aapparent that barack obama has put no meaningfulnding cuts on the table. anybody who pays attention knows that. the president does not want a cut. he wants the big government. he wants to spend. in fact, he wants 500 million more to throw into some stimulus that hasn't worked the first two times he tried it. why do the american people say it's the g.o.p.'s fault when the president obviously isn't giving anything at all up? >> well, bill you know that and i know that in part because we watch fox news, and fox news reports it that way which is the straight forward way to report it. y
party has stood for over the years, bill, one of them is low tax rates, and the other one is strong defense. so who has the most to lose if the fiscal cliff is breached? i think the answer is self evident. i'm not saying it's a good outcome but the polling all shows that the public would blame the republicans for the outcome, so they end up not stopping an outcome which is most negative for them, and they get the blame for it. >> bill: wonder why that is. wonder why that is. why do you...
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>> i would go to the defense sector. i think the way it sets up, technically, it looks good here. if you do get a deal, lockheed martin is the way to go. >> i'm in that camp. i would go to boeing. look at them. it's had a tremendous year, the stock is around a 52-week high, sort of sideways, i think any certainty in terms of the economy going forward is going to be well for boeing. a lot of pent up demand for airplanes, basically just more efficient. boeing could really win. >> and are these binary trades, though? >> yes, i think in the short-term they are, but all three of the names we're going to mention, i'm mentioning general dynamics are long-term good. in the chance of general dynamics, you have a 10% forward free cash flow and it's trading at ten times forward earnings. a 50% market share in the large cabin private aircraft space and the best brand, that would be gulfstream. so, these stollings will do well with or without the cliff. i do think we get a resolution, these will do well quickly. >> pete? >> if we start to get ourselves into some sort of position, the housing r
>> i would go to the defense sector. i think the way it sets up, technically, it looks good here. if you do get a deal, lockheed martin is the way to go. >> i'm in that camp. i would go to boeing. look at them. it's had a tremendous year, the stock is around a 52-week high, sort of sideways, i think any certainty in terms of the economy going forward is going to be well for boeing. a lot of pent up demand for airplanes, basically just more efficient. boeing could really win....
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president obama and defense secretary leon panetta responded to the news that a u.s. service member was killed during the rescue. quote: >> reporter: megyn? megyn: absolutely. jennifer, thank you. >>> well, new complaints today after union members picket a fundraiser for prostate cancer research. the union workers were complaining about the cable company executives who attended the fundraiser, but was this really the right place to do that? >>> and growing controversy after president obama shakes hands with the south korean singer whose music video just became the most watched in the world. but before this guy was a global sensation, it turns out -- and it surfaced last week -- that he made news with very angry, very anti-american rants about, quote, killing the yankees in response to the war in iraq and another issue. we will debate whether the president might want to take back that handshake and whether the singer's apology makes up for what he said in the past. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethi
president obama and defense secretary leon panetta responded to the news that a u.s. service member was killed during the rescue. quote: >> reporter: megyn? megyn: absolutely. jennifer, thank you. >>> well, new complaints today after union members picket a fundraiser for prostate cancer research. the union workers were complaining about the cable company executives who attended the fundraiser, but was this really the right place to do that? >>> and growing controversy...
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the first seeks to strike down the federal government's defense of marriage act, known as doma. the second involves a challenge to california's proposition 8, a voter-approved ballot initiative that outlawed same-sex marriage. a federal appeals court struck down the law earlier this year. the court's decision to weigh in on marriage equality came as same-sex couples began marrying in washington state yesterday. on election day voters there and in maryland and in maine made history when they became the first states to approve same-sex marriage at the ballot box. joining us now to discuss is steve, chair of the gay and lesbian victory fund. great to have you. >> nice to be here, alex. s. >> so a lot of tea leaf read and arm chair prognostication around this. i am by no means a supreme court expert, but when i saw that they were taking up both doma and prop 8, question as to whether they would take up inform i them at all, it seemed to me a signal that the court was ready to make a big decision, and i just cannot imagine, especially when you have conservatives like john roberts, wh
the first seeks to strike down the federal government's defense of marriage act, known as doma. the second involves a challenge to california's proposition 8, a voter-approved ballot initiative that outlawed same-sex marriage. a federal appeals court struck down the law earlier this year. the court's decision to weigh in on marriage equality came as same-sex couples began marrying in washington state yesterday. on election day voters there and in maryland and in maine made history when they...
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it was a tragic weekend for the dallas cowboys defensive lineman. he's charged with drunk driving and manslaughter in the death of his teammate. as a result the cowboys may install drunk driving monitors in every player's car. could it happen at your workplace? what kind of intrusion is that? is it legit? is it legal? the judge is still here and will address the issue next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gavicon®. only gaviscon® forms a prottive barer that helps block stomachcid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. relieving the pain quickly. i have obligations. cute tobligations, but obligatio.g. i need trethinthe core of my portfolio. what i really need is sleep. troducinthe ishares core, building blocks for the art of your portfolio. find out why 9 outf 10 large professional investors choose ishares for their etfs. ishares by blackrock. ca 1-800shares for a prosctus which includes investment objectives, risks, chargesnd expenses. read and
it was a tragic weekend for the dallas cowboys defensive lineman. he's charged with drunk driving and manslaughter in the death of his teammate. as a result the cowboys may install drunk driving monitors in every player's car. could it happen at your workplace? what kind of intrusion is that? is it legit? is it legal? the judge is still here and will address the issue next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gavicon®. only gaviscon®...
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a republican on the short list of secretary of defense. nebraska senator chuck hagel considered to replace panet a. he opposed with the iraq surge and traveled with then candidate obama on a trip. he called for a slow and painful death for soldiers and american familis and psy still performed for the president. ♪ ♪ >> gretchen: he gained fame for the christmas in washington special. many are outraged like the mothers of the navy seals. >> performing for the president is disgusting. how do we choose those role models. he should be on a terrorist watch list. it is disgusting to me. >> gretchen: that mother's son mark allenley lee was the first navy seal killed in iraq. it is interesting when you find out things about people when they are famous. that dance craze took over the world. >> steve: i am surprised mr. psy didn't say let me explain what i was talking about. >> gretchen: he did apologize. >> steve: but nonetheless they didn't pull the plug. >> brian: kill their daughters and kill them slowlyy and smash the model of the american t
a republican on the short list of secretary of defense. nebraska senator chuck hagel considered to replace panet a. he opposed with the iraq surge and traveled with then candidate obama on a trip. he called for a slow and painful death for soldiers and american familis and psy still performed for the president. ♪ ♪ >> gretchen: he gained fame for the christmas in washington special. many are outraged like the mothers of the navy seals. >> performing for the president is...
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what do you do with defense spending? what do you do with nondefense spending? >> and something needs to be done with all three things that you just mentioned, correct? >> yes. >> something really significant, correct? >> but it doesn't mean take medicare, it doesn't mean raising the medicare age. >> why not? >> because i'll tell you, i was in yun in youngstown a year or so ago. a woman who had no insurance said to me, she said -- she was 63 years old -- she just said i just need to live a year and a half more so i can get on medicare and get health insurance. >> right. so maybe the age doesn't raise for her, but what about for others? why can't you guys come up with a framework that works now? >> means testing. there's this whole view that 70-year-olds -- >> we're not saying that. >> no, but somewhere it was social security at 70, 67, now you raise it another year. people that work in a diner, people that are on their feet all day long in retail or construction or manufacturing, you know, all of us can work till we're 70, perhaps, god willing. >> so means testi
what do you do with defense spending? what do you do with nondefense spending? >> and something needs to be done with all three things that you just mentioned, correct? >> yes. >> something really significant, correct? >> but it doesn't mean take medicare, it doesn't mean raising the medicare age. >> why not? >> because i'll tell you, i was in yun in youngstown a year or so ago. a woman who had no insurance said to me, she said -- she was 63 years old -- she...
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>> milan: no. >> pitts: by now, ten defense attorneys were focusing on the new dna. working with them was a third- year northwestern law school student named katie marie zouhary. she was assigned to re-examine the original confessions, and her research helped change the case. >> katie marie zouhary: i think when you look at a confession on a piece of paper, a court- reported confession, a handwritten confession, it seems like all the pieces are in place. but what you don't see is the 17-year-old in the room by himself with the police officers; what you don't see is that confession next to the other confessions so you're able to see that these things don't match up. >> pitts: zouhary discovered the boys confessions contained different accounts of the crimes, from the chronology to their own nicknames. >> zouhary: they get the framework right but they don't get the details right. and if any two of them had gotten the details right, that would be one thing, but when you look at each of these confession, line by line, in the way that we did, it's pretty glaring that ther
>> milan: no. >> pitts: by now, ten defense attorneys were focusing on the new dna. working with them was a third- year northwestern law school student named katie marie zouhary. she was assigned to re-examine the original confessions, and her research helped change the case. >> katie marie zouhary: i think when you look at a confession on a piece of paper, a court- reported confession, a handwritten confession, it seems like all the pieces are in place. but what you don't see...
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syrian air defenses could bring down u.s. pilots if fighter jets are used. the regime could move its chemical weapons even minutes before an attack. and if the weapons start moving around, that poses another dire consideration. officials worry that terrorists could then move in and try to seize control of this deadly arsenal. barbara starr, cnn, the pentagon. >> thanks. >>> earlier i spoke with a reporter from amsterdam, and he talked about how marijuana affected that city. next, we're going to have a seattle city leader listen to what he said to us. and is his city ready for pot being legal? that's next. ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> marijuana has gone legit. as of thursday recreational use is legal in washington state, and that
syrian air defenses could bring down u.s. pilots if fighter jets are used. the regime could move its chemical weapons even minutes before an attack. and if the weapons start moving around, that poses another dire consideration. officials worry that terrorists could then move in and try to seize control of this deadly arsenal. barbara starr, cnn, the pentagon. >> thanks. >>> earlier i spoke with a reporter from amsterdam, and he talked about how marijuana affected that city. next,...
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Dec 10, 2012
12/12
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defense and we'll litigate that next year and there are opportunities to debate the spending, defense and entitlement issues next year, get the tax issue off the table, the weakest one for the republicans and let the president own it -- >> end with a wimper, not a bang. >> yes, could be. >> chris: there you go, see you next week, don't forget, check out panel plus where our group picks up right with the discussion on our web site, foxnewssunday.com and we'll post the video before noon eastern time and follow us on twitter. @foxnewssunday. this program note: tune into fox news channel tonight at 9:00 p.m. eastern for "fly me to the moon" anchored by neil cavuto it marks the 40th anniversary of the last time man walked on the lunar surface. up next on "final thoughts." about my best friend. ♪ i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-cap
defense and we'll litigate that next year and there are opportunities to debate the spending, defense and entitlement issues next year, get the tax issue off the table, the weakest one for the republicans and let the president own it -- >> end with a wimper, not a bang. >> yes, could be. >> chris: there you go, see you next week, don't forget, check out panel plus where our group picks up right with the discussion on our web site, foxnewssunday.com and we'll post the video...
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Dec 9, 2012
12/12
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but he also cut defense spending over $250 billion over 10 years. and he has said recently, one of the reasons they lost the house in 1994 was that '93 deal. but here, where is the action, bob? >> well, having tried to do some reporting on this, first of all, i think the staff, the white house staff and the house staff, have met or talked five times. it really is down to obama and boehner at the table. i think you can only take a snapshot right now and try to look at what the experience the president has had recently. he won re-election. he's had lots of ceos in to meet with him. and this is interesting. they are telling him, mostly republicans, let's give on rates. it's not a big deal. i think the house leadership may have lost the parade that is supposed to be following them on that. i think lots of republicans feel that that can be done. and then the ceos are worried to death about another debt ceiling fight like in 2011. >> julianna, you asked the question with the president, when do you and boehner get into a room and? and he basically said, we
but he also cut defense spending over $250 billion over 10 years. and he has said recently, one of the reasons they lost the house in 1994 was that '93 deal. but here, where is the action, bob? >> well, having tried to do some reporting on this, first of all, i think the staff, the white house staff and the house staff, have met or talked five times. it really is down to obama and boehner at the table. i think you can only take a snapshot right now and try to look at what the experience...